Last time was pretty common and IINM, some minor modification required.
RM550~600 was the standard price. But eventually most modders prefer ceramic blocks for its price, power and reliability.
The bore x stroke calculator can tell the new CC. Remember there's news of LC150 with fuel injection coming to Malaysia.
The sound is probably becoz of aftermarket exhaust. May I suggest you look for LCV2 exhaust, with a bigger exit diameter.
Bigger bore will produce more power, but may be lacking at certain RPM due to the stock head setup.
In the end, may have little benefit.
Fuel consumption depends on tuner. It can be as saving as FZ150i.
I normally prefer to set lean at low to mid RPM, and richer at higher RPM. See fuel map posted by me and Charge-n-Go few pages back.
However, my RGV rarely use until full throttle opening but bike already at 8k RPM top gear... Carb is Mikuni VM20SS.
Looks like your bike beat mine of 2.5L/100km.

Is it city riding?
really jealous on your knowledge on bike modi. where can i get info on this so that i can gather info for bike modi? really dont know where to start.